Marathon Petroleum Corporation Announces Dividend

FINDLAY, Ohio, Oct. 29, 2014 - Marathon Petroleum Corporation (NYSE: MPC) announced today that its board of directors declared a dividend of $0.50 per share on common stock. The dividend is payable on Dec. 10, 2014, to shareholders of record as of the close of business Nov. 19, 2014.

On Oct. 30, MPC will provide an update on its 2014 third-quarter results through an earnings news release, to be followed by a conference call scheduled for 10 a.m. EDT that day. Interested investors can listen to the conference call on MPC's website at http://www.marathonpetroleum.com by clicking on the "2014 Third-Quarter Financial Results" link.

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About Marathon Petroleum Corporation

MPC is the nation's fourth-largest refiner, with a crude oil refining capacity of approximately 1.7 million barrels per calendar day in its seven-refinery system. Marathon brand gasoline is sold through approximately 5,400 independently owned retail outlets across 19 states. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation's second-largest convenience store chain, with approximately 2,740 convenience stores in 22 states. MPC also owns, leases or has ownership interests in approximately 8,300 miles of pipeline. Through subsidiaries, MPC owns the general partner of MPLX LP, a midstream master limited partnership. MPC's fully integrated system provides operational flexibility to move crude oil, feedstocks and petroleum-related products efficiently through the company's distribution network in the Midwest, Southeast and Gulf Coast regions. For additional information about the company, please visit our website at http://www.marathonpetroleum.com.

Investor Relations Contacts:

Geri Ewing (419) 421-2071

Teresa Homan (419) 421-2965

Media Contacts:

Angelia Graves (419) 421-2703

Brandon Daniels (419) 421-3127